Sterling Infrastructure expands credit facility by $1.05B to $1.5B, extends maturity to 2031

Filed July 8, 2026 · Period ending July 2, 2026 · ~1 min read

Key Changes

• high

  Revolving credit capacity increased from $450M to $1.5B with maturity extended to July 2031, providing significant liquidity for acquisitions, capital expenditures, and refinancing existing debt.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Borrowing costs reduced through elimination of 10-basis-point SOFR adjustment and lower pricing margins tied to leverage ratio.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Covenant flexibility enhanced with acquisition-linked leverage relief: up to two four-quarter 'covenant holidays' allowing 4.00x leverage (vs. standard 3.50x) following acquisitions exceeding $250M.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →